Brief: Shenzhen International Holdings Announces Investment In Air China Cargo

Shenzhen International Holdings

09/11/2020 14:33

Nov 9 (Reuters) - Shenzhen International Holdings Ltd
 0152.HK :
    * INVESTMENT IN AIR CHINA CARGO THROUGH CAPITAL CONTRIBUTION
    * AIR CHINA CARGO AGREED TO INCREASE ITS REGISTERED CAPITAL
BY
RMB3.31 BILLION
    * SHENZHEN INTERNATIONAL (SZ) TO MAKE CAPITAL CONTRIBUTION
OF
RMB1.57 BILLION TO AIR CHINA CARGO
    * GROUP WILL HOLD 10% IN AIR CHINA CARGO UPON COMPLETION OF
CAPITAL CONTRIBUTION
    * OTHER INVESTORS TO MAKE CAPITAL CONTRIBUTION OF RMB3.29
BILLION
IN AGGREGATE TO AIR CHINA CARGO

Source text for Eikon:  ID:nHKS4BctHp 
Further company coverage:  0152.HK 

 ((Reuters.Briefs@thomsonreuters.com;))